Refer to Figure 16-6. If Sensei charges the competitive price for his classes, what is the maximum amount of admission fee that he can collect from his customers?

A) the area A + C + D + G + H B) the area A + B
C) the area A + B + C + D D) the area A + B + C + D + E

D

Economics

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In the instances where a loan has been issued under certain terms and has to be repaid, what happens when the borrower does not uphold these stipulations?

A) call B) option C) payment D) default E) fraud

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If one day it was discovered that lime juice caused cancer, which of the following would likely result?

A) The supply curve for lime juice would shift to the right. B) The supply curve for lime juice would shift to the left. C) The demand curve for lime juice would shift to the right. D) The demand curve for lime juice would shift to the left.

Economics